Cambridge Analytica Shuts Down After Facebook Data Leak

We all know very well that the responsibility of the entire Facebook scandal and the data that has been accessed is in the hands of a single company, yes, of course, Cambridge Analytica. However, now according to the latest reports, the best-known company of recent times, of course, Cambridge Analytica shuts down after the Facebook data leak.

Cambridge Analytica Shuts Down After Facebook Data Leak

The responsibility of the entire Facebook scandal and the data that has been accessed is in the hands of a single company, Cambridge Analytica. It was the company who bought and analyzed the data of the users of Facebook and that maintained them even after being ordered its elimination.

Given this responsibility, it was only natural that the company should be under scrutiny and evaluation. It was precisely this movement that has now led to its closure.

The inevitable end of Cambridge Analytica

Cambridge Analytica, the best-known company of recent times gathered all its employees and, in a conference call, announced its future.

According to their managers, the closure of Cambridge Analytica was inevitable, since its association with the Facebook scandal was undermining the company.

The blame was pointed to Facebook

Associated with this came the loss of customers and the discredit of Cambridge Analytica, which made a possible change of the company impractical and even irrelevant.

“Despite Cambridge Analytica’s unwavering confidence that its employees have acted ethically and lawfully, which is now fully supported by Mr. Malins’ report, the siege of media coverage has driven away virtually all of the Company’s customers and suppliers. As a result, it has been determined that it is no longer viable to continue operating the business, which left Cambridge Analytica with no realistic alternative to placing the Company into administration.”

It is thus inevitable that the end of the company, after the work it did for the campaign of Donald Trump, always based on the data it collected from the social network giant Facebook.

According to the latest data, Cambridge Analytica will not be limited to the social network giant Facebook, but also obtained data from Twitter users, always with the same purposes.

In the published press release, Cambridge Analytica continues to insist on its innocence and try to show that there has not yet been any investigation that has proven the company’s guilt in any suit.

So, what do you think about this? Simply share all your views and thoughts in the comment section below.